$112 Million Worldwide Recycled Plastic and Plastic Waste to Oil Market to 2027 - Impact of COVID-19 on the Industry - ResearchAndMarkets.com

DUBLIN--()--The "Recycled Plastic and Plastic Waste to Oil - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Recycled Plastic and Plastic Waste to Oil market accounted for $47.29 million in 2019 and is expected to reach $112.96 million by 2027 growing at a CAGR of 11.5% during the forecast period.

Excess addiction on fossil fuel is the major factor propelling market growth. However, the lack of responsiveness about plastic misuse to oil equipment is hampering market growth.

Recycled plastic and plastic waste to oil can be defined as equipment that is used to convert non-recycled plastic into artificial crude oil and other value-added petroleum products such as diesel, naphtha, and fuel oil. This is a highly developed waste exchange technology that is considered balancing to the existing plastic recycling technology. This technology has high potential, as landfill-bound plastics can be used as a resource to increase a valuable alternative fuel source.

Based on the technology, the pyrolysis process segment is estimated to have a lucrative growth due to the process of using heat in an oxygen-starved atmosphere to translate plastic waste into artificial oil and gas, with minimized discharge of greenhouse gases. This process doesn't serve as a cost-effective process, as the normal protection of reactors and their downtime is costly. These reactors need a stable and consistent supply of premium-quality feedstock to function efficiently.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rise in the focus on reducing the adverse impacts of climate change, and strict regulations pertaining to plastic waste management. This region is accounted for share of the market, in terms of revenue, due to the presence of an extensive manufacturing base across the region.

Companies Mentioned

  • Nexus Fuels
  • OMV Aktiengesellschaft
  • PLASTIC ENERGY
  • Plastic Advanced Recycling Corporation
  • MK Aromatics Limited
  • Vadxx Energy LLC
  • RES POLYFLOW
  • Plastic2Oil Inc. (JBI Inc.)
  • Agile Process Chemicals LLP
  • Northwood Exploration Israel Ltd
  • Agilyx, Inc.
  • Niutech
  • Cynar Plc
  • Clean Blue Technologies Inc

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company Profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Recycled Plastic and Plastic Waste to Oil Market, By Fuel

5.1 Introduction

5.2 Gasoline

5.3 Diesel

5.4 Synthetic Gases

5.5 Kerosene

6 Global Recycled Plastic and Plastic Waste to Oil Market, By Technology

6.1 Introduction

6.2 Catalytic Depolymerization Process

6.3 Gasification and Synthesis Process

6.4 Pyrolysis Process

7 Global Recycled Plastic and Plastic Waste to Oil Market, By Plastic Type

7.1 Introduction

7.2 Polypropylene (PP)

7.3 Polystyrene (PS)

7.4 Polyethylene (PE)

7.5 Polyethylene Terephthalate (PET)

7.6 Polyvinyl Chloride (PVC)

8 Global Recycled Plastic and Plastic Waste to Oil Market, By Application

8.1 Introduction

8.2 Waste Treatment Plant

8.3 Chemical Plant

9 Global Recycled Plastic and Plastic Waste to Oil Market, By Marketing Channel

9.1 Introduction

9.2 Traditional Marketing Channel (Offline)

9.3 Online Channel

10 Global Recycled Plastic and Plastic Waste to Oil Market, By Geography

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 South America

10.6 Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launch

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/pb7wks

Contacts

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900